For thousands of other reports visit RSC's Mineral Intellingence Map

Alexandria Minerals Corp.

opaxe

Summary

Project:

Orenada

Deposit:Orenada Zone 2, 4
Location:Canada
Commodities:Gold
Date:6/6/2018
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:6-6-2018: Alexandria Minerals Corp. announces a Resource Estimation report for its Orenada Zone 2, 4 deposit at the Orenada project. Updated mineral resource estimate at the project. TORONTO, June 06, 2018 -- Alexandria Minerals Corporation (TSX-V:AZX) (O
Resources:(Resource, M+I): 4.598Mt @ 1.821g/t Au for 268.5Koz Au contained
CP/QP:[Resources]: Alain Carrier, Claude Savard (InnovExplo Inc.)
ABSTRACT:TORONTO, June 06, 2018 -- Alexandria Minerals Corporation (TSX-V:AZX) (OTCQB:ALXDF) (Frankfurt:A9D) (“Alexandria” or the “Company”) is pleased to announce that the newly completed mineral resource estimate at Orenada comprises 3,754,000 tonnes of indicated mineral resources with an average grade of 1.61 grams of gold per tonne (“g/t Au”) for 194,522 ounces of contained gold and 2,079,000 tonnes of inferred mineral resources with an average grade of 1.89 g/t Au for 126,259 ounces of contained gold The updated mineral resource estimate at Orenada incorporated 40,954 assay results from samples falling within the different mineralized domains, obtained from 529 diamond drill holes (392 surface drill holes and 137 underground drill holes) variably spaced from 25 to 100 metres apart and totalling nearly 100,500 metres. The drill hole database comprises both historic holes and 131 new drill holes (36,000 metres) completed in 2016 and 2017. Only drill assays received prior to December 15, 2017 are included in the resource estimate. The resource estimate is also based on a new interpretation of the gold-bearing structural zones and a better geological understanding of Orenada Zone 4.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report